Sarbottam Cements Increases Both Income and Profit

May 07, 2024 08:28 AM Merolagani

Sarbottam Cements (SARBTM) has published third quarter report of the current FY.

As per the report, the company has raised its net profit during the period.

In the review period, the company earned Rs 120.7 million in net profit. The net profit increased by Rs 32.03 percent compared to Rs 91.2 million of the corresponding period of the last FY.

Increase in sales income and other income can be attributed to the increase in net profit.

During the period, the company earned Rs 4.55 billion through sales. The sales income increased by 25.16 percent during the review period. Similarly, its other income increased by 470.16 percent to Rs 30.8 million. Meanwhile, its total expenses increased by 4.76 percent.

The company logged EPS of Rs 3.46, net worth per share of Rs 212.73 and P/E ratio of 244.79 times.

The company with Rs 4.65 billion in paid-up capital has other equity of Rs 4.90 billion.

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